THE OLD POLICE HOUSE, PARKEND ROAD, BREAM, LYDNEY, GL15 6JX - £165,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE OLD POLICE HOUSE is a very small semi-detached house of 83m², built sometime between 1950 and 1966. It was last sold for £165,000 in February 2015, which was around 33% below the average February 2015 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

THE OLD POLICE HOUSE Sold Prices

Land registry data shows four sales for THE OLD POLICE HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the four THE OLD POLICE HOUSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 17 FEB	£165,000	£246,998	33% below HPI
2008 11 APR	£190,000	£253,274	25% below HPI
2001 7 DEC	£82,000	£138,169	41% below HPI
2001 7 FEB	£75,000	£118,716	37% below HPI

THE OLD POLICE HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The four THE OLD POLICE HOUSE sales between February 2001 and February 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is THE OLD POLICE HOUSE?

THE OLD POLICE HOUSE is 83m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where THE OLD POLICE HOUSE lies on this distribution: 20% of detached houses are smaller than THE OLD POLICE HOUSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Bream.

THE OLD POLICE HOUSE: Plot and Title Map

THE OLD POLICE HOUSE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of THE OLD POLICE HOUSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE OLD POLICE HOUSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE OLD POLICE HOUSE?

THE OLD POLICE HOUSE is located on PARKEND ROAD in BREAM, in the GL15 postcode district. The below map shows the position of THE OLD POLICE HOUSE on PARKEND ROAD.